Zkh (ZKH) Debt to Equity (2022 - 2025)
Zkh (ZKH) reported Debt to Equity of $0.0 for Q4 2025, down 99.25% on a YoY basis from $0.01 in Q4 2024, and down 99.25% quarter-over-quarter from $0.01 in Q4 2024.
Zkh (ZKH) Debt to Equity (2022 - 2025) Analysis & Trends
Zkh has reported Debt to Equity for 4 years, with the latest figure at $0.0 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 99.25% year-over-year to $0.0; the trailing twelve-month figure through Dec 2025 stood at $0.0 (down 99.25% YoY), and the FY2025 full-year result was $0.0, down 12.29% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.0, down from $0.01 in the prior quarter.
- The five-year high for Debt to Equity was $0.18 in Q4 2023, with the low at -$0.06 in Q4 2022.
- Historically, Debt to Equity has averaged $0.02 across 4 years, with a median of $0.0 in 2024.
- Annual changes were most pronounced in 2023 — Debt to Equity jumped 396.31% — and 2025, when it plunged 99.25%.
- Zkh's Debt to Equity stood at -$0.06 in 2022, then jumped by 396.31% to $0.18 in 2023, then plunged by 92.93% to $0.01 in 2024, then sank by 99.25% to $0.0 in 2025.
- The last three Debt to Equity figures came in at $0.0 (Q4 2025), $0.01 (Q4 2024), and $0.0 (Q3 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 0.27 |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 1.36 |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | - |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | - |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 1.53 |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 0.43 |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | - |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -1.03 |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | - |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.18 |
| Dec 31, 2022 | -0.06 |